Have We Passed Peak Capitalism?

Have We Passed Peak Capitalism?
Fix, Blair. (2022). Real-World Economics Review. No. 102. December. pp. 55-88. (Article - Journal; English).

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Alternative Locations

http://www.paecon.net/PAEReview/issue102/Fix102.pdf, https://www.econstor.eu/handle/10419/267775

Abstract or Brief Description

This paper uses word frequency to track the rise and potential peak of capitalist ideology. Using a sample of mainstream economics textbooks as my corpus of capitalist thinking, I isolate the jargon of these books and then track its frequency over time in the Google English corpus. I also measure the popularity of feudal ideology by applying the same method to a sample of Christian bibles. I find that over the last four centuries, biblical language fell out of favor and was replaced by the language of economics. Surprisingly, however, I find that since the 1980s, the trend has reversed. Today, the language of economics is waning, while biblical language is on the rise. Is this evidence that we’ve passed the peak of capitalist ideology?

Language

English

Publication Type

Article - Journal

Keywords

capitalism economics ideology language religion

Subject

BN Methodology
BN Myth
BN Power
BN Religion
BN Civilization & Social Systems
BN Culture
BN Hegemony
BN History
BN Ideology
BN Institutions

Depositing User

Jonathan Nitzan

Date Deposited

22 Dec 2022 18:56

Last Modified

07 Jan 2023 19:20

URL:

https://bnarchives.yorku.ca/id/eprint/759

Available Versions of this Item

• Have We Passed Peak Capitalism? (deposited 22 Dec 2022 18:51)
  • Have We Passed Peak Capitalism? (deposited 22 Dec 2022 18:56) [Currently Displayed]

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